Apartment for sale
Coastal lifestyle steps from Margate beach, cafes and nightlife; sizable balcony for alfresco living and furnished 3-bed, 2-bath apartment with secure parking.
MARGATE | SOUTH COAST | BARGAIN INVESTMENT OPPORTUNITY
3 BEDROOMS | 2 BATHROOMS | 129M2 | FURNISHED | R1 050 000
Looking for a property where you can add your own MODERN TOUCH and unlock its full potential?
This spacious Margate apartment is PRICED TO SELL and offers an excellent opportunity for a holiday home, permanent residence or INCOME-GENERATING INVESTMENT.
With 129m2 of space, a sizeable balcony and a fantastic location close to the beach, restaurants and popular activities, this apartment has all the ingredients — it simply needs someone with a little vision to BRING IT BACK TO LIFE!
PROPERTY FEATURES:
COMPLEX FEATURES:
SELLING FOR ONLY R1 050 000
Rates: Approx. R1 000 per month
Levies: Approx. R2 200 per month
INVESTMENT POTENTIAL!
With its convenient location within WALKING DISTANCE TO THE BEACH, restaurants and local activities, this property has great potential as a holiday rental or Airbnb.
Give it a fresh modern makeover, market it well and turn it into an INCOME-GENERATING COASTAL INVESTMENT.
At this price for a furnished 3-bedroom, 129m2 apartment in Margate, THIS IS A BARGAIN and definitely one to put on your viewing list!
COME SEE THE POTENTIAL — a little modern touch could turn this bargain into something beautiful!
Listed for sale at R1,050,000
How does this home’s price compare with similar properties?
Price comparison based on 5 similar-sized 3-bed homes.
Insight
Priced 9% below the local median - at the lower edge of the typical range in Margate Beach.
Compared with 5 similar homes (8 listings) in Margate Beach.
It sits below similar homes even on a price-per-m² basis - condition, position or finishes may explain the gap.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Margate Beach is a vibrant coastal destination offering a relaxed seaside lifestyle with convenient access to essential amenities and beautiful sandy shores.
